Part 2/8:
Solid-state batteries represent a technological shift in the EV industry, offering the potential for energy densities that could be ten times greater than traditional lithium-ion batteries. These batteries utilize a solid electrolyte rather than the liquid forms employed in conventional batteries, which significantly reduces the risk of fire—an important consideration for automotive safety. Hyundai’s advancements in this area could place it at the forefront of the EV market if successful.